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Baier – +/-1,939.01 Surveyed Acres of Kingsbury Co., SD Land – Cropland, Pasture & Improved Parcels including an Acreage with 2 Story Home!

May 3 @ 10:00 am

LAND AUCTION  

Extraordinary Offering of +/-1,939.01 Surveyed Acres of Productive Kingsbury County, SD Land – Including 3 Farms in Spirit Lake “West” Township Containing +/-795.82 Acres – Inclusive of a Nicely Improved Farmstead/Acreage on Farm #1 & Multiple Parcels of Cropland, Pasture & Areas with Hunting Opportunities and Farm #4 – a +/-24.92 Acre Acreage/Hobby Farm and 5 Farms Containing a Total of +/-1,118.27 Acres in Manchester North Township with Mixtures of Parcels of Cropland and Cropland/Pasture 

We will offer ALL of the Following Parcels of Land at public auction with the auction of all farms to be held at the Auction Site in the DeSmet, SD Event & Wellness Center Theater  at 705 Wilder Lane SW – which is located northwest of the DeSmet High School Football Field.  

FRIDAY MAY 3, 2024               SALE TIME:  10:00 AM

** Please check back for Survey Information ** 

VIEWINGS OF THE FARMSTEAD ON FARM #1 ON SATURDAY APRIL 20th and SUNDAY APRIL 21st from 1:00 PM to 4:00 PM or by Appointment Arranged with Mike Martens – ph. 605-860-0142 or Tom Martens – ph. 605-261-1470 or the Auctioneers 

AUCTIONEER’S NOTE: ATTENTION – Row Crop Operators, Crop-Livestock Operators – Especially Cattle Producers in the Market for Well Managed Pasture/Grassland, as well as Investors & Others in the Market for Kingsbury County, SD Land!  Auctions of this magnitude are “Rare” in Eastern South Dakota and in the locale of this land in Kingsbury County, SD – With All of this Land Located within a Fairly Close Proximity to One Another and in a Prominent Agricultural Area, where land is tightly held in an area where land is not available on the open market with much frequency.  The land will be offered in multiple parcels – some with high percentages tillable, some that will be primarily pasture & hayland and others with a mixture of varying percentages of cropland/pasture.  This land will be offered as individual farms and in specific combinations of parcels, in a manner to allow both large and small operators to participate in this auction – with the largest combinations offered being 2 – +/-480 Acre Combinations.  This land has been long held by the Baier Family for many decades, thus this auction presents a “Once in a Lifetime Opportunity” to Purchase this Land.  

THE MAJORITY OF THE ACRES ARE BEING SOLD  WITH THE BUYER TO RECEIVE FULL POSSESSION FOR 2024, ALTHOUGH SOME PARCELS WILL BE SOLD WITH EXISTING LEASES FOR 2024.  ALL PARCELS BEING SOLD ARE BEING SOLD SUBJECT TO SURVEY, WITH THE ACTUAL ACRES BEING SOLD TO BE ADJUSTED IN ACCORDANCE WITH THE SURVEYED ACRES.  

This Land will be Offered Individually as FARM #1 – TRACT #1A – +/- 40.88 Acres With a Spacious Home, Outbuildings & Livestock Yards; TRACT 1B – +/-99.17 Acres of Mostly Cropland and a few acres of grassland and tree grove – with excellent hunting opportunities for deer & other wildlife; TRACT 1C – +/- 177.49 Acres of Mostly Pastureland; or in Contiguous Combinations; FARM #2 – +/- 157.97 Acres lying adjacent to Tract 1C – which may be Purchased Individually or in Combinations with Contiguous Parcels in Farm #1 – With the Largest Combination Being Farm #1 & Farm #2 Combined in It’s Entirety – A +/-475.51 Acre Combination; FARM #3 – TO BE OFFERED AS – TRACT #3A – +/- 192.72 Acres of Predominately Cropland and TRACT 3B – +/- 127.59 Acres and TRACTS #3A & 3B Combined – A 320.31 Acre Unit; FARM #4 – An Individual +/-24.92 Acre Acreage/Hobby Farm w/Improvements; FARM #5 – A +/-160.77 Acre Parcel; FARM #6 An Individual +/-160.33 Acre Grass Parcel; FARM #7 – +/-478.17 Acres – To be Offered as TRACT #7A – +/-203.77 Acres of High Percentage Tillable Cropland; TRACT #7B – +/-69.64 Acres of High Percentage Tillable Cropland; TRACT #7C – +/-204.76 Acres of Pasture; TRACTS #7A & #7B Combined – +/-273.41 Acres of Predominately Cropland; TRACTS #7B & #7C – +/-274.40 Acres of Easterly Located Pasture & Cropland or as TRACTS #7A, #7B & #7C Combined – The +/-478.17 Acre Combined Unit; FARM #8 – +/-159.93 Acres of Cropland & Pasture; FARM #9 – +/-159.07 Acres of Cropland & Pasture

FARM #1: +/-317.54 Acres – LEGAL DESC.:  The SW¼ and the NW¼ of Sec. 2, T. 111N., R. 57W., Spirit Lake “W” Twp., Kingsbury Co., SD. – TO BE OFFERED AS – Tr. #1A – The +/-40.88 Acre Improved Farmstead/Acreage; Tr. #1B – The East +/-99.17 Acres Located North of the Farmstead (Tr. #1A) – Being Mostly Cropland; Tr. #1C – +/-177.49 Acres Located West and Northwest of the Farmstead (Tr. #1A) and West of Tr. #1B – Being Mostly Pastureland. LOCATED – from DeSmet, SD (Jct. of Hwy’s. #14 & #25) – 4 miles west on Hwy. #14, 4 miles north on 429th Ave and ½ mile west on 203rd St to the SE Corner of Farm #1 at the Jct. of Cottonwood Ave. & 203rd St.

All of the Cropland and Pasture Acres on FARM #1 are available to the buyer to utilize for the 2024 crop and pasture season with immediate possession on sale day.  The Building Site and the Adjacent Acres in Tract #1A will have possession delayed until Sept. 1, 2024.  The Improvements on the Acreage/Farmstead (Parcel #1A) consist of a spacious two story home which was remodeled and moved onto a new foundation in 1983 – The main level is comprised of an open step and west entrance to a dining area w/skylights, kitchen w/hickory cabinets & appliances, a large room utilized as a master bedroom (no closet) and an adjacent enclosed seasonal room, a spacious “L” shaped family and dining room w/wall AC unit and a full bath – the main floor features varnished knotty pine wood floor throughout; additionally there is a breezeway with a sliding rear patio door and an attached triple garage  which the owners utilized mostly as a family room/man cave & grandchildren’s play area – the garage has finished walls and ceiling, 3 insulated overhead doors w/elec. openers, an Empire LP gas hanging furnace and a wall mounted air conditioner; there is an open stairway to the 2nd level which includes a spacious master bedroom w/dbl. closets, an additional bedroom w/closet and a open landing suitable for use as a study or other similar purposes; the home has a basement with a newer poured concrete  foundation (installed in 1983) with the basement inclusive of and east walk door, large family room, non-legal bedroom, an office and a ¾ bath/laundry room w/ elec. HW heater – the basement has varnished wood floors.  The home has a 200 amp breaker elec. service & electric heat and there is an owned 500 gal. LP tank which services the heaters in the triple garage and the shop bldg. west of the house.  There is Kingbrook Rural Water Servicing the home and water to the livestock yards and hydrants can be either rural water or well water – outside water currently is provided by a well with a pressure system. Other improvements on the property include a wooden granary w/colored steel exterior utilized for storage; a +/-32’x53’ shop bldg. with galv. steel exterior, overhead door w/elec. opener, white colored interior walls & ceiling, 2 ceiling fans, Reznor hanging LP gas furnace, built-in work bench and a concrete floor throughout; a +/-40’x76’ uninsulated galv. steel clad machine shed/shop bldg. w/2 overhead doors & elec. openers,  concrete floor, 220V & 110V electrical; a Tan & Brown steel clad +/-36’x52’ stg. bldg.. w/partial concrete & gravel floor, overhead door w/elec. opener and walk door; a cattle loafing/calving barn w/warming room & loadout; an older barn w/newer attached cattle shed; a feed wagon/feed shed; multiple livestock yards w/mostly sucker rod fencing & 4 Ritchie auto. livestock fountains, 2 small  grain bins with a total of approx. 4,500 bushels of grain storage and other incidental improvements. Currently the W½ of Sec. 2 is operated as 2 FSA Tracts – Tr. 5778 has approx. 283.41 acres of Farmland and 113.13 acres of Cropland with a 55.64 acre corn base with a 151 bu. PLC yield and a 27.53 acre soybean base with a 43 bu. yield & Tr. 5779 has approx. 28.98 acres of Farmland & 28.98 acres of Cropland with a 14.21 acre corn base with a 151 bu. yield and a 7.03 acre soybean base with a 43 bu. yield, the cropland acres have a topography which is generally gently rolling to rolling; the non-tillable acres are comprised of the farmstead, pasture, tree belts, lowland acres and roads.  The pastureland acres has established well managed grass with a rolling to somewhat hilly terrain. Excluding the portion within the farmstead, info. obtained from Surety Agri-Data indicates this remaining cropland and pasture has a soil productivity index of 72.4; Kingsbury County Assessor’s information indicates the soil ratings on the SW¼  are .716 and the NW ¼ are .647.  This property is subject to a combination of an existing US Fish & Wildlife Wetland Easement on all of the wetland areas of Farm #1 and a Grassland Easement on approx. 140 acres.  The 2023 RE taxes payable in 2024 on the SW¼ are  $4,597.52 and on the NW¼ are $2,750.16.

FARM #2: +/-157.97 Acres – LEGAL DESC.: The NE¼ of Sec. 3, T. 111N., R. 57W. Spirit Lake “W” Twp., Kingsbury Co., SD.  LOCATED – From DeSmet, SD (Jct. of Highways #14 & #25) – 4 miles west on Hwy. #14, 4 miles north on 429th Ave. and ½ mile west on 203rd St., then 1 north on Cottonwood Ave. & 1 mile west on grassed road to the NE Corner of the land (Jct. 202nd St. & 428th Ave).

All of the acres in Farm #2 are available to the buyer to utilized for the 2024 crop and pasture season with immediate possession on sale day.  Farm #2 will be offered as an individual parcel or in combination with FARM #1 or Parcel #1C.  This property presently is all being utilized as pastureland.  This property has an existing rural water pasture service with a large tire water tank and has a diagonal fence dividing the pasture allowing for rotational grazing.  This property has a gently rolling to hilly terrain. According to information obtained from Surety Agri-Data  this parcel as a soil rating of 62.6; comparatively the Kingsbury Co. Assessor indicates this land has a soil rating of .550.  This property has an existing US Fish and Wildlife Wetland Grassland Easement – which prohibits growing row crops, but allows for grazing at any time and haying after July 15th. The 2023 RE taxes payable in 2024 on this farm are $2,387.00.

FARM #3: +/-320.31 Acres – LEGAL DESC.:  The W½ of Sec. 35, T. 112N., R. 57W., Spirit Lake “W” Twp., Kingsbury Co., SD. – TO BE OFFERED AS – Tr. #3A – +/-192.72 Acres of Predominately Cropland and Tr. 3B – +/-127.59 Acres with a mixture of cropland & pasture and Tracts #3A & 3B Combined – A +/-320.31 Acre Unit.  LOCATED – From DeSmet, SD (Jct. of Highways #14 & #25) – 4 miles west on Hwy. #14, 4 miles north on 429th Ave. to 203rd St., then ½ mile west on 203rd St. and 1 mile north on Cottonwood Ave. to the SE Corner of Farm #3 at the Jct. of Cottonwood Ave. & 202nd St.

All of the acres in Farm #3 are available to the buyer to utilized for the 2024 crop and pasture season with immediate possession on sale day.  This +/-320.31 Acre Farm will be offered as two individual parcels or as a combined unit.  Previously the land in Farm #3 was operated by multiple operators and divided by FSA into two operating units – FSA Tracts 5807 & 5808 were operated by Tom Martens and Tr. 5807 had 189.18 acres of Farmland with 173.26 acres of Cropland with an 83.83 acre corn base with a 151 bu. PLC yield and a 41.47 acre soybean base with a 43 bu. yield, additionally Tr. 5808 had approx. 33.68 acres of Farmland and 33.68 acres of Cropland with a 16.29 acre corn base with a 151 bu. PLC yield and a 8.06 acre soybean base with a 43 bu. PLC yield; additionally FSA Tract 5772 was operated by Mike Martens with the west pasture acres leased by Paul Larson which together was indicated by FSA to contain 84.40 acres of Farmland with 26.01 acres of Cropland with a 12.58 acre corn base with a 151 bu. PLC yield and a 6.23 acre soybean base with a 43 bu. yield – presently these cropland acres leased by Mike Martens are being utilized as grassed hayland.  All Combined Together it appears that on the +/-320 acre unit there is a total of approx. 232.95 acres of cropland according to FSA.  According to information obtained from Surety Agri-Data the entire +/-320 acres has an overall soil rating of 61.9 and based on measured acres Parcel 3A has a soil rating of 63.3 and Parcel 3B has a soil rating of 60.6; comparatively the Kingsbury County Assessor indicates the soil rating on the SW ¼ is a .515 and on the NW ¼ is a .609. The cropland acres on this property are subject to existing US Fish and Wildlife Wetland Easements on the wetland areas, that prohibits draining, filling or burning, etc.; additionally, approx. 40 acres are subject to a Grassland Easement which allows for grazing at any time & haying after July 15th. The 2023 RE taxes payable in 2024 on the SW¼ are $2,183.48 and on the NW¼ are $2,586.46.

FARM #4: +/-24.92 Acres – LEGAL DESC.: The S. 1,068’ of the E. 1,023’ of the SE ¼ of Sec. 2, T. 111N., R. 57W., Spirit Lake “W” Twp., Kingsbury Co., SD. LOCATED – from DeSmet, SD (Jct. of Highways #14 & #25) – 4 miles west on Hwy. #14 and 4 miles north on 429th Ave. to the SE Corner of the property at the Jct. of 429th Ave. & 203rd St.

All of the pasture acres, livestock yards, water and electricity on FARM #4 are available to the buyer to utilize for the 2024 pasture season with immediate possession on sale day.  The Building Site inclusive of the machine shed and grain bins will have possession delayed until Sept. 1, 2024.  Farm #4 could be an excellent location for a new home construction site for individuals seeking a parcel of land well suited for use as a rural acreage site and/or hobby farm.  This parcel currently consists of a small parcel that is inclusive of an abandoned presently uninhabitable home, along with some outbuildings, livestock yards and adjacent pastureland.  Improvements on the property include a Behlen Curvet Quonset Steel Machine Shed (approx. 38’x72’) with an overhead door and electric opener and gravel floor throughout; a +/-8,000 bu. steel grain bin with an air floor, 2 small gov’t. bins – not presently in use; a galv. steel quonset livestock bldg., a livestock yard with a Ritchie waterer and other incidental improvements.  The property is serviced by Kingsbury Electric and a well with a pressure system.  According to FSA this parcel is identified as Tr. 5262 and has no established cropland, yields or bases, with all of the land lying adjacent to the bldg. site being utilized as pasture.  According to info. obtained from Surety Agri-Data this parcel has a soils productivity index of an 87.7; comparatively the Kingsbury County Assessor indicates this land has a soil rating of .838.  This property is subject to an existing US Fish and Wildlife Wetland Easement that prohibits draining, filling or burning, etc.  The 2023 RE taxes payable in 2024 on this farm are $986.70.

FARM #5 – +/-160.77 Acres – LEGAL DESC.: The NW¼ of Sec. 10, T. 111N., R. 57W., Manchester “N” Twp., Kingsbury Co., SD. LOCATED – from DeSmet, SD (Jct. of Highways #14 & #25) – 4 miles west on Hwy. #14, 4 miles north on 429th Ave and 1 ½  miles west on 203rd St. to the NE Corner of the land (the NW corner of the land is at the Jct. of 203rd St. & 427th Ave.– Farm #5 is located approx. 1 mile west of the farmstead on Farm #1.

The land currently under cultivation of Farm #5 – (approx. 100 acres is under lease for the 2024 crop year with the buyer to receive $160.00 per acre – $16,000.00) – credited to the buyer at closing on those leased acres, with possession of the leased acres subsequent to the harvest of the 2024 crops; the remaining acres of alfalfa and grass hayland previously operated by Mike Martens will be available to the buyer to operate in 2024.  Farm #5 will be sold as an individual parcel.  According to FSA information this farm is designated as Tract 1887 and is indicated to have approx. 156.17 acres of Farmland and 142.20 acres of cropland with an 82.80 acre corn base with a 143 bu. PLC yield and a 46.80 acre soybean base with a 42 bu. PLC yield. This farm has a generally level to gently rolling topography, with pockets of lowland and waterway.  According to information obtained from Surety Agri-Data this parcel as a soil rating of 76.3; comparatively the Kingsbury County Assessor indicates this land has a soil rating of .712.  This property is subject to an existing US Fish and Wildlife Wetland Easement that prohibits draining, filling or burning, etc.  The 2023 RE taxes payable in 2024 on this farm are $2,869.30.

FARM #6 – +/-160.33 Acres – LEGAL DESC.: The NW¼ of Sec. 15, T. 111N., R. 57W., Manchester “N” Twp., Kingsbury Co., SD. LOCATED – from DeSmet, SD (Jct. of Highways #14 & #25) – 4 miles west on Hwy. #14, 3 miles north on 429th Ave and 1 ½  mile west on 204th St. to the NE Corner of the land (the NW corner of the land is at the Jct. of 204th St. & 427th Ave.– Farm #6 is located ½ mile south of Farm #5.

Farm #6 is currently all sowed to grass and is being utilized as pasture and will be sold subject to a cash lease for 2024, with the buyer to receive $85.00 per acre on 160 acres ($13,600.00) – credited to the buyer at closing on those leased acres, with possession of the leased acres subsequent to the 2024 grazing season ending October 1, 2024.  Farm #6 will be sold as an individual parcel.  The general topography of this farm is level to gently rolling.   This farm is currently all being utilized as pasture with water provided by a dugout. According to information obtained from Surety Agri-Data this parcel has a soil rating of 81.1; comparatively the Kingsbury County Assessor indicates this land has a soil rating of .758.  This property is sold subject to an existing US Fish and Wildlife Grassland Easement – which prohibits growing row crops, but allows for grazing at any time and haying after July 15th; furthermore, this property also is covered by a Wetland Easement.  The 2023 RE taxes payable in 2024 on this farm are $3,135.38.

FARM #7: +/-478.17 Acres – LEGAL DESC.: The SW¼, the SE¼ and the NE¼, all in Sec. 12, T. 111N., R. 57W., Manchester “N Twp., Kingsbury County, SD – To be Offered as Tract #7A – +/-203.77 Acres of Predominately Cropland in the SW¼ & W½ SE¼; Tr. #7B – +/-69.64 Acres of Predominately Cropland in the SE¼; and Tr. #7C – +/-204.76 Acres of Pasture in the NE¼ & SE¼; Tracts #7A & 7B Combined – +/- 273.41  Acres of Predominately Cropland; Tracts #7B & 7C – +/-274.40 Acres – The Easterly Pasture & Cropland; or Tracts #7A, #7B & #7C Combined – The +/-478.17 Acre Unit.  LOCATED – From DeSmet, SD (Jct. of Highways #14 & #25) – 4 miles west on Hwy. #14 and 3 miles north on 429th Ave. to the SW Corner of FARM #7 at the Jct. of 429th Ave. & 204th St.

All of the Cropland Acres in Farm #7 are available to the buyer to utilized for the 2024 crop year with immediate possession on sale day; although the pastureland is under lease for the 2024 pasture season with the buyer to receive $85.00 per acre on 209 acres ($17,765.00) – credited to the buyer at closing on those leased acres, with full possession of the leased acres subsequent to the 2024 grazing season ending October 1, 2024.  This +/-478.17 Acre Farm will be offered as three individual parcels, combinations of parcels or as a combined unit.  Previously the land in Farm #7 was operated by multiple operators and divided by FSA into two operating units – 5781 was operated by Mike Martens and contained approx. 371.11 acres of Farmland with approx. 182.94 acres of cropland, of which currently approx. 167.96 acres was under cultivation, with an FSA 88.52 acre corn base with a 151 bu. PLC yield and a 43.80 acre soybean base with a 43 bu. PLC yield; FSA Tract 5777 was operated by Tom Martens, which FSA indicated to have approx. 93.11 acres of Farmland with  92.18 acres of Cropland with an FSA 44.61 acre corn base with a 151 bu. PLC yield and a 22.07 acre soybean base with a 43 bu. PLC yield; the remaining +/-209 acres was being utilized as pasture.  The portion of the pasture in the NE ¼ has a diagonal divide fence to facilitate rotational grazing and has an area in the NE corner with a large rubber tire water tank that is serviced by Kingbrook Rural Water; there is an area in the NW corner of the SE¼ which allows livestock to access the south pasture in the SE¼ and in that pasture there is a corral, a well with a pump and Kingsbury Rural Electric electricity and a +/-5,000 bu. grain bin.  All Combined Together it appears that currently there is a total of approx. 260.14 acres of productive cropland being utilized – Measured Surety Agri-Data soils in Parcel #7A indicates a very respectable soil rating of an 82.1 and the area in Parcel #7B represents a soil rating of 81 and the +/-480 acres in its’ entirety indicates a Surety soil rating of 79.7; comparatively Kingbury County Assessor’s information indicates the soil ratings on the SW ¼ are .767, on the SE¼ are .736 and on the NE¼ are .734.  The pasture acres – including all of the NE¼ (160 Acres) & approx. 40 acres in the SE¼ are subject to a Perpetual Grassland Easement which allows for grazing at any time & haying after July 15th and prohibits crop production; The  cropland acres on this property are subject to existing US Fish and Wildlife Wetland Easements on the wetland areas, that prohibits draining, filling or burning, etc.; The 2023 RE Taxes payable in 2024 on the SW¼ are $3,179.66, on the SE¼ are $2,938.16 and on the NE¼ are $3,030.58.

FARM #8: +/-159.93 Acres – LEGAL DESC.: The NE¼ of Sec. 13, T. 111N., R. 57W., Manchester “N” Twp., Kingsbury County, SD.  LOCATED – From DeSmet, SD (Jct. of Highways #14 & #25) – 4 miles west on Hwy. #14 and 3 miles north on 429th Ave. and 1 mile east on 204th St. to the NW Corner of Farm #8; the NE Corner of the land is at the Jct. of 204th St. and 430th Ave. – Farm #8 is located south of Farm #7.

All of the Cropland Acres in Farm #8 are available to the buyer to utilized for the 2024 crop year with immediate possession on sale day; although the pastureland is under lease for the 2024 pasture season with the buyer to receive $85.00 per acre on 70 acres ($5,950.00) – credited to the buyer at closing on those leased acres, with full possession of the leased acres subsequent to the 2024 grazing season ending October 1, 2024.  Farm #8 will be sold as an individual parcel.  Previously the land in Farm #8 was operated by multiple operators and divided by FSA into two operating units – 5774 was operated by Mike Martens and contained approx. 111.91 acres of Farmland with approx. 37.10 acres of cropland with an FSA 17.33 acre corn base with a 151 bu. PLC yield and an 8.57 acre soybean base with a 43 bu. PLC yield; FSA Tract 5775 was operated by Tom Martens, which FSA indicated to have approx. 45.83 acres of Farmland with  45.83 acres of Cropland with an FSA 21.4 acre corn base with a 151 bu. PLC yield and a 10.59 acre soybean base with a 43 bu. PLC yield; additionally this parcel has approx. 70 acres of pasture with a dugout.  Improvements on this property include 4 small steel grain bins.  There is an existing tree belt on the north side of the property.  Surety Agri-Data information indicates that this parcel has an overall soil rating of an 80.8; comparatively the Kingsbury County Assessor indicates this land has a soil rating of .740.  There is an existing perpetual US Fish & Wildlife Grassland Easement on approx. 85 acres which includes +/-70 acres of existing pasture acres in the east +/-70 acres, and also on an area including the grove & an upside down “L” shaped area lying in the north & northwesterly sector of the farm (+/- 15 acres) – which allows for grazing at any time & haying after July 15th and prohibits crop production; there also is an existing US Fish and Wildlife Wetland Easement on the wetland areas of this property, that prohibits draining, filling or burning, etc.  The 2023 RE taxes payable in 2024 on this farm are $2,837.04.

FARM #9: +/-159.07 Acres – LEGAL DESC.: The NW¼ of Sec. 23, T. 111N., R. 57W., Manchester “N” Twp., Kingsbury County, SD.  LOCATED – From DeSmet, SD (Jct. of Highways #14 & #25) – 4 miles west on Hwy. #14 and 2 miles north on 429th Ave. and ½ mile east on 205th St. to the NE Corner of Farm #9; the NW Corner of the land is at the Jct. of 205th St. and 428th Ave.

This Entire Farm is Under Lease for the 2024 Crop Year & Pasture Season – At Closing the buyer will receive a credit for the 2024 rent on the Cropland of $160.00 per acre on 78 acres ($12,480.00) and on the Pasture $85.00 per acre 82 acres ($6,970.00) or a Total Combined Rental Compensation of $19,450.00 at closing, with full possession of the cropland acres subsequent to the harvest of the 2024 crops and full possession of the pasture acres subsequent to the 2024 grazing season ending October 1, 2024.  Farm #9 will be sold as an individual parcel.  According to FSA information this farm is designated as Tract 1884 and is indicated to have approx. 158.15 acres of Farmland and 77.75 acres of cropland with a 37.61 acre corn base with a 151 bu. PLC yield and an 18.61 acre soybean base with a 43 bu. PLC yield. The general topography of this farm is level to gently rolling, with some low lying areas.  The acres being utilized as hayland/grass, but could be converted back to pasture, as the grassed area has perimeter fencing and has had livestock water in the past provided by the existing dugout located on the property. According to information obtained from Surety Agri-Data this parcel as a soil rating of 79; comparatively the Kingsbury County Assessor indicates this land has a soil rating of .722. This property is subject to existing US Fish and Wildlife Easements, with a Wetland Easement on the wetland areas of the property and a perpetual Grassland Easement  on the E½ NW¼ – which allows for grazing at any time & haying after July 15th and prohibits crop production.  The 2023 RE taxes payable in 2024 on this farm are $2,870.66.

TERMS:  Cash – A 15% non-refundable earnest money payment on the day of the sale and the balance on or before July 12, 2024, with full possession on the majority of the cropland acres and landlord’s possession on various parcels subject to the existing farm leases in place on for 2024 on approx. 100 acres in FARM #5, all of FARM #6, approx. 209 acres of pasture in FARM #7 approx. 70 acres in FARM #8 and All of FARM #9, although in accordance with the leases purchasers may be allowed Fall possession for tillage on the cropland acres subsequent to the harvest of the 2024 crops, although the lessee’s shall have ownership and rights to harvest said crops after the expiration of the lease, in the event that weather or other conditions should hinder the harvest of those crops.   Furthermore, the sellers will retain use of the Farmstead on FARM #1 & the Machine Shed, Bins and acres in the Farmstead on FARM #4 until Sept. 1, 2024, or until a Farm Equipment and Personal Property Auction Can be Conducted & Equipment removed.  The total amount of the 2024 cash rents for parcels under lease will be credited to the buyer at closing. Marketable title will be conveyed by Trustee’s Deeds and owner’s title insurance policies will be provided, with the cost of both the owner’s policy divided 50-50 between the buyer and seller. The attorneys & closing agents costs  (Wilkinson & Schumaker Law) to be paid by the sellers.  All of the 2023 RE taxes payable in 2024 will be paid by the trust with the buyer(s) to pay 100% of the 2024 RE taxes payable in 2025.  All of these properties are sold in accordance with recent surveys as completed by Midwest Land Surveying, Inc., with the acres understood to be “more or less”. The sellers do not warranty or guarantee that the existing fences lie on the on the true and correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to  SD law.  FSA cropland, yields, bases & other information is estimated and not guaranteed and are subject to county committee approval.   Information contained herein is deemed to be correct but is not guaranteed.  This property is sold in “AS IS” CONDITION and subject to any existing easements, restrictions, reservations or highways of record if any, as well as any or all Kingsbury County Zoning Ordinances.  The RE licensees in this transaction are acting as agents for the agent for the owners. Please mark your calendars and plan to attend this momentous auction.  To Inspect the Home on FARM #1, plan to attend the Open Houses or schedule an appointment, the land parcels may be inspected at your own at your convenience.  If you are unable to attend the auction and need to make arrangements to bid absentee, then contact the auctioneers prior to sale day to make arrangements.  

TRUSTS & ESTATES OF RICHARD BAIER & DELORES BAIER, Owners

Wilkinson & Schumaker Law Prof., LLC – Attorneys & Closing Agent’s  for the Trusts – DeSmet, SD – ph. 605-854-3378 

CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315 & Flandreau, SD – ph. 605-997-3777

JARED SUTTON, CAI – RE Auctioneer & Broker Associate – Flandreau, SD – ph. 605-864-8527

BURLAGE & PETERSON – Auctioneers & Realtors – Brookings, SD – ph. 605-692-7102

Auction Details

Date:
May 3
Time:
10:00 am
Auction Categories:
, ,
Brochure
View PDF

Auctioneers

Chuck Sutton & Jared Sutton
Burlage/Peterson Auctioneers & Realtors, LLC

Location

DeSmet, SD Event & Wellness Center Theater
705 Wilder St. SW
DeSmet, SD
+ Google Map

Auction Details

Date:
May 3
Time:
10:00 am
Auction Categories:
, ,
Brochure
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Location

DeSmet, SD Event & Wellness Center Theater
705 Wilder St. SW
DeSmet, SD

Auctioneers

Chuck Sutton & Jared Sutton
Burlage/Peterson Auctioneers & Realtors, LLC

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